Live Update
From the Liveblog of
Sunday, January 17, 2016
Germany says reviving Iran ties will take time
Germany’s economy minister says that reviving economic and financial ties with Iran will take time.
Western sanctions on Iran’s nuclear program were lifted after the UN nuclear agency certified Saturday that Tehran had met all of its commitments under last year’s landmark agreement with world powers.
Economy Minister Sigmar Gabriel, who is also Germany’s vice chancellor, says in a statement Sunday that the move offers “the chance to open a new chapter in German-Iranian economic relations.”
But he adds that “the revival of German-Iranian economic, and especially financial, relations is a long-term process.”
Gabriel plans to chair a meeting of a German-Iranian economic commission in Tehran in May.
— AP
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